Xtrackers II Global Government Bond UCITS ETF 3C USD Hedged

Xtrackers II Global Government Bond UCITS ETF 3C USD Hedged

About

Xtrackers II Global Government Bond UCITS ETF 3C USD Hedged (LU0641006456) is a UCITS-compliant bond ETF tracking the FTSE World Government Bond Index-Developed Markets EUR terms. With a TER of 0.25%, it is moderately priced, reinvesting dividends. The fund holds 1,307 positions across 23 regions with 284M in assets, with heavy concentration — 100% in government bonds.

ISIN
Fund Size $284.2M
Issuer Xtrackers
Distribution Re-Invests Dividends
Replication Physical
Inception Oct 2008
Base Currency USD
Index FTSE World Government Bond Index-Developed Markets EUR terms
Asset Class Bonds
Category Global Government Bond

Costs

7.1
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%

Holdings

8.0
This fund spreads its investments across 1,307 individual holdings, providing broad diversification.
#1
United States Treasury Note/Bond
0.40%
#2
United States Treasury Note/Bond
0.40%
#3
United States Treasury Note/Bond
0.40%
#4
United States Treasury Note/Bond
0.40%
#5
United States Treasury Note/Bond
0.39%
#6
United States Treasury Note/Bond
0.39%
#7
United States Treasury Note/Bond
0.39%
#8
United States Treasury Note/Bond
0.39%
#9
United States Treasury Note/Bond
0.38%
#10
United States Treasury Note/Bond
0.38%

Sectors

1.0
This fund is concentrated in just a few of its 2 sectors, reducing diversification.

Regions

8.5
This fund is well-diversified across 24 countries, closely matching the global market.

Nerd Stuff

Advanced risk and return metrics (2023-06-21 — 2026-06-17).
4.0%
Volatility
-4.4%
Max Drawdown
0.13
Sharpe Ratio
0.19
Sortino Ratio
0.12
Calmar Ratio
0.18
Beta
-4.33%
Alpha (Jensen's)
0.159
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

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